October 9, 2005
Henry Blodget Returns
Interesting to see a name which was so established, and then ripped to pieces, and then he jumps right into the web fray again.
Is this apology authentic? It sure sounds the bit, but then again he is linking off to his research in that post. Research that will soon be sold as a high end service. Either way I find it fascinating that he mentioned his past and has the comments open. He is certainly a bit more courageous than most are.
Many people bet their financial stability on his over optimistic predictions. Then, he states:
the SEC alleged that some remarks that I and my colleagues made in emails were inconsistent with professional opinions in our published research, and charged me with civil securities fraud
I will not presume guilt on his behalf, but I think his blog is definitely one to watch. A great salesman. His authentic sounding voice will once again give him great power in the internet stock space.
Doubt I’ll be bidding on any stocks he promotes. I’ve been too busy buying stuff on eBay. 🙂